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Dissenting Statement of Commissioner Melissa Holyoak In the Matter of Lyft, Inc.
FTC Denies Motion to Disqualify Administrative Law Judge in H&R Block Case
Statement of Chair Lina M. Khan Joined by Commissioner Alvaro M. Bedoya Concurring in the Denial of the Motion In the Matter of H&R Block, Inc., et al.
Marriott International, Inc.; Analysis of Proposed Consent Order To Aid Public Comment
FTC Sends Refunds to Consumers Who Bought Pyrex Glass Manufacturer’s Products Falsely Advertised as Made in USA
Agency Information Collection Activities; Proposed Collection; Comment Request; Extension (COPPA Rule)
DoNotPay, Inc..; Analysis of Proposed Consent Order To Aid Public Comment
FTC Announces Crackdown on Deceptive AI Claims and Schemes
FTC Takes Action Against Invitation Homes for Deceiving Renters, Charging Junk Fees, Withholding Security Deposits, and Employing Unfair Eviction Practices
FTC Action Leads to Settlement Against Individual and Company that Operated Business Opportunity Scheme That Took Millions from Consumers
FTC Orders Shut Down Unauthorized Billing and Credit Card Laundering Schemes, Require Turn Over of Assets Valued at Approximately $40 Million
FloatMe
The Federal Trade Commission is charging online cash advance provider FloatMe and its co-founders with using empty promises of quick and free cash advances to entice consumers to join its service, only to fail to deliver the promised advance amounts, make it difficult to cancel, and discriminate against consumers who receive public assistance. FloatMe is also being charged with making baseless claims that cash advance limits would be increased by an algorithm or another automated system.
Under the terms of a settlement order, FloatMe, as well as its co-founders Joshua Sanchez and Ryan Cleary, are required to provide $3 million to be used to refund customers, stop the company’s deceptive marketing, make it easier for consumers to cancel their subscriptions, and institute a fair lending program.
The Federal Trade Commission is sending more than $2.6 million in refunds to consumers harmed by online cash advance provider FloatMe. The company deceived consumers with false promises of “free money” and discriminated against some consumers who applied for cash advances.
James D. Noland, Jr. (Success by Health)
A federal court granted the Federal Trade Commission’s request to temporarily shut down an alleged pyramid scheme known as “Success By Health,” and to freeze the assets of the company and its executives.
In May 2023, a federal court sided with the Federal Trade Commission, ruling that James D. Noland, Jr. illegally owned and operated two pyramid schemes—Success By Health (SBH) and VOZ Travel—in violation of the FTC Act and that Noland violated a previous federal court order barring him from pyramid schemes and from misrepresenting multilevel marketing participants’ income potential.
New FTC Data Shows Massive Increase in Losses to Bitcoin ATM Scams
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